Re-engineering for managed care.
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Biomedical subjects
Publications and source records attributed to B R Lorenz.
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Home care agencies need to plan their position in the industry carefully and consider all available options for organizing their operations and allocating costs. This article outlines some of the many options for cost allocations.
The home care industry has experience with Medicaid per-visit rates and hospice daily and hourly rates capped by an overall patient limit. But no extensive home care prospective rates have been developed. Is this gap an opening for the industry to provide some valuable input?
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In order to survive and prosper in the 1990s home care administrators must be cognizant of several reimbursement issues, such as cost reporting, Medicare cost limits, and payment for hospice and physician services.
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Prospective reimbursement changes several aspects of the hospital and home health industry now and in the future. Agencies can profit medically and financially in this new environment. Agencies should plan carefully for the financial aspects of any new project that they consider. By taking these and other steps, and meeting these new challenges and opportunities with a positive attitude, the agency should prosper now and for many years to come.